Red Herring definition

Red Herring means a preliminary prospectus released by an issuing house or book runner of a new issue to qualified institutional/high net worth investor.
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Red Herring prospectus means “a prospectus which does not have the complete
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Red Herring means the preliminary Prospectus filed with the OTC Exchange for the issue of STBs to Accredited Investors. A Red Herring does not constitute an offer for sale or an invitation to treat.
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Examples of Red Herring in a sentence

  • However, recent fundraising news from German venture capital firms indicates the possibility of an improvement in the national risk capital market (Red Herring 2005; Schuermann 2005).

  • The Company confirms that it shall allocate all of the Equity Shares offered through the Issue to successful Bidders including the successful Bidders procured by the Underwriters in terms of the Red Herring Prospectus, the Prospectus, the Preliminary Offering Memorandum, the Offering Memorandum and Applicable Law.

  • Thereafter, the Refund Bank shall within one Working Day, ensure the refund of amounts held in the Refund Account to the Bidders in accordance with the Applicable Law as per the modes specified in the Red Herring Prospectus, the Prospectus and this Agreement.

  • Along with the Registrar, instruct the Escrow Collection Bank of the details of the monies to be transferred to the Public Offer Account and the Surplus Amounts to the Refund Account in accordance with the terms herein, the Red Herring Prospectus and Applicable Laws.

  • The Offer may also include a reservation for Eligible Employees (as defined in the Draft Red Herring Prospectus and such portion, the "Employee Reservation Portion") and a reservation for Eligible Policyholders (as defined in the Draft Red Herring Prospectus and such portion, the "Policyholder Reservation Portion").

  • In the event this Agreement is terminated before the commencement of trading of the Equity Shares on the Stock Exchanges, pursuant to the Issue, the Parties agree that the Draft Red Herring Prospectus, the Red Herring Prospectus and/or the Prospectus, as the case may be, will be withdrawn from the SEBI as soon as practicable after such termination.

  • The Surplus Amount shall be transferred to the Refund Account at the written instructions of the Registrar and the BRLM (with notice to the Company and the Selling Shareholders) in accordance with the procedure specified in the Red Herring Prospectus, Prospectus and this Agreement.

  • The Surplus Amount shall be transferred to the Refund Account at the instructions of the BRLM and the Registrar to the Offer in accordance with the procedure specified in the Red Herring Prospectus and this Agreement.

Related to Red Herring

  • Federated Hermes means Federated Hermes, Inc. and any of its subsidiaries as the context may require.

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • Allied Health Professional means a person registered as an allied health professional with the Health Professions Council;

  • Insight as used in this clause, means technical visibility into the Program, maintained through audit, surveillance, assessment of trends and metrics, software independent verification and validation, the flight readiness review process, and review or independent assessment of out-of-family anomalies occurring in any phase of the program.

  • First Union means First Union National Bank, a national banking association, and its successors.